Average Rent in Deer Lakes, Melbourne, FL and Rent Price Trends

Rent trends in Deer Lakes, Melbourne, FL

Average rent prices in Deer Lakes have remained the same over the last month and have decreased by 42% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Deer Lakes, Melbourne, FL

Rent prices in Deer Lakes vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Deer Lakes is $1,495, whereas a house costs $2,325. 1-bedroom apartments in Deer Lakes run $1,415 on average, while 2-bedroom apartments are $1,560.


Studio	$1,050	-	-
1 bedroom	$1,375	-	-
2 bedroom	$1,595	-	-
3 bedroom	$2,500	No Change	3%
4 bedroom	$2,800	No Change	22%

		Listings
Baytree	$2,500
Fieldstone	$2,075
Grand Haven	$1,605
Live Oak	$1,747
Pebble Creek	$1,600
Sherwood Park	$1,625


Apartments	$1,495	-	No Change
Condos	$1,500	-	No Change
Houses	$2,325	No Change	No Change

Studio

Average rent

$1,050

1 bedroom

Average rent

$1,375

2 bedroom

Average rent

$1,595

3 bedroom

Average rent

$2,500

Last year

4 bedroom

Average rent

$2,800

Last year

22%

The table above reflects average rent prices in Deer Lakes, Melbourne, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Deer Lakes, Melbourne, FL compare to other neighborhoods?

Compare median rent prices in Deer Lakes and Grand Haven by all bedroom counts and property types.

Deer Lakes

Median rent price$1,450

25%

lower than the national median

Median rent price$1,605

17%

lower than the national median

Takeaway

The median rent for all rentals in Deer Lakes, Melbourne, FL is 10% lower than the median rent in Grand Haven, Melbourne, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,605

$1,747

$1,600

$1,625

$2,500

$2,075

Discover rentals in Deer Lakes, Melbourne, FL

5d+ ago

Deer Lakes house for rent in Melbourne

3541 Deer Lakes Dr, Melbourne, FL 32940

3 beds

2 baths

$2,150

House for rent

19h ago

Deer Lakes house for rent in Melbourne

5353 Outlook Dr, Melbourne, FL 32940

4 beds

2.5 baths

$2,500

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Deer Lakes, Melbourne, FL

Quick answers to common questions about the Deer Lakes rental market.

How much is rent in Deer Lakes?

The average rent in Deer Lakes is $1,450 per month as of August 8, 2026.

Is rent up or down in Deer Lakes?

Average rent prices in Deer Lakes have remained the same over the last month and have decreased by 42% since last year.

How does Deer Lakes rent compare to the national average?

Rent in Deer Lakes is 25% below the national average, which means renters are paying approximately $475 less per month.

What salary do I need to afford rent in Deer Lakes?

To comfortably afford rent in Deer Lakes, you'd need to earn approximately $58,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).